Will Bitcoin Break New Highs or Trap Traders?

hace 4 días

Bitcoin is approaching a critical level after breaking 103k, but is this a genuine rally or just an inducement? With liquidity resting below $86,850, traders should watch for potential traps. Here's a breakdown of the potential moves heading into the week.


With institutional interest increasing and ongoing discussions about ETF approvals, Bitcoin’s price action could see increased volatility this week.


If you think BTC is primed for a breakout, drop a 🚀 in the comments. If you're expecting a correction, comment 🛑!

hace 4 días

Operación activa

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hace 4 días

Operación cerrada: objetivo alcanzado

What’s your take? Will BTC reclaim new highs, or are we due for a correction?

hace 4 días

Nota

🚨 Monday Trading Plan Update: "Patience is Key" 🚨

📅 Objective: Gain clarity by observing Monday's price action and the daily close.

🌟 Plan Breakdown
🛑 Sit-Out Mode (Main Strategy)

Mondays often bring choppy, unclear moves. By waiting for the daily close, we can spot:
Where key levels are forming.
How price reacts to these levels.
When to position for high-probability setups.
🎯 Scalp Option (For the Brave)

If you must trade, stick to small, low-risk scalps. Use high-confluence setups and tight risk management.
🔍 Why This Approach?
💡 "Not trading is also trading."

Avoid unnecessary losses from impatience.
Prepare for higher-quality setups later in the week.
Start the week with a clear and disciplined mindset.
📊 What to Observe Today:

Key levels and reactions.
Sentiment from market participants.
Volatility and range for the week.
💎 Key Takeaway
"Trading is a marathon, not a sprint." Starting your week with patience helps you trade smarter and align with your strategy.

Let's stay sharp, observe the market, and prepare for the opportunities ahead. 💪

hace 4 días

Nota

If you could master one trading skill this year, what would it be?

hace 3 días

Nota

How do you stay focused and motivated during periods of drawdown?

hace 3 días

Nota

📊 End of Day Thoughts

Today’s market showed a lot of indecision, with price consolidating around key levels. For me, it was a reminder that waiting for clarity is just as important as taking trades. Tomorrow, I’ll be watchingfor potential setups

hace 3 días

Nota

GB - CBI Distributive Trades (NOV)
Outcome: Bearish for GBP.
Rationale: The drop to -6 (below zero) indicates declining retail sales expectations.
Best Crossover: GBP/USD, EUR/GBP – Watch for GBP weakness.
US - Case-Shiller Home Price Index (SEP)
Outcome: Neutral.
Rationale: Slight variations in MoM (-0.3%) and YoY (5.2%) are unlikely to significantly impact USD.
Best Crossover: Neutral observation for real estate-related assets.
US - CB Consumer Confidence (NOV)
Outcome: Bearish for USD.
Rationale: A drop (108.7 vs. 112) suggests waning consumer optimism.
Best Crossover: USD/CAD, XAU/USD – Potential dollar weakness and gold rally.
US - New Home Sales (OCT)
Outcome: Neutral to bullish for USD.
Rationale: A positive revision (4.1% MoM) could support economic sentiment.
Best Crossover: USD/JPY.
US - FOMC Minutes
Outcome: Volatile; depends on tone.
Rationale: Hawkish tone supports USD; dovish tone weakens it.
Best Crossover: USD/JPY, XAU/USD.

anteayer

Nota

"What value do you see in joining a trading community that provides personalized mentorship?

anteayer

Nota

AU - Monthly CPI Indicator (OCT)
Outcome: Bearish for AUD.
Rationale: A drop to 2.1% YoY inflation signals reduced price pressures.
Best Crossover: AUD/USD, AUD/JPY – Look for AUD weakness.
US - Core PCE Price Index (OCT)
Outcome: Neutral for USD.
Rationale: Consensus alignment (0.3%) keeps inflation expectations steady.
Best Crossover: Neutral impact.
US - Durable Goods Orders (OCT)
Outcome: Mixed for USD.
Rationale: Ex-transportation data (0.5% → 0.6%) bullish, but headline number (-0.7%) bearish.
Best Crossover: USD/JPY – Watch for volatility.
US - GDP Growth Rate 2nd Est (Q3)
Outcome: Bullish for USD.
Rationale: 3% growth outpaces previous expectations, supporting economic strength.
Best Crossover: USD/CAD, EUR/USD – Dollar strength likely.
US - Personal Spending (OCT)
Outcome: Bullish for USD.
Rationale: Increased spending (0.5%) reflects consumer confidence.
Best Crossover: USD/CHF, XAU/USD.
US - Goods Trade Balance (OCT)
Outcome: Bearish for USD.
Rationale: A widening deficit (-108.23B vs. -99.9B) pressures the dollar.
Best Crossover: EUR/USD, USD/JPY.